Amara Mining plc: Receipt of Permits for Kalsaka/Sega Haul Road

LONDON, 30 April 2013 - Amara Mining plc ("Amara" or "the Company") (AIM:AMA / TSX:AMZ), the dual AIM and TSX-listed West African focused gold mining company, is pleased to announce that it has received the Environmental and Construction Permits for the haul road at its Kalsaka /Sega gold project in Burkina Faso.

The haul road will connect the existing Kalsaka heap leach plant with the Sega deposit, 20km to the north of Kalsaka. The construction time is estimated at three months, allowing material from the Sega deposit to be transported to Kalsaka from Q3 2013.

Amara expects to receive the full Environmental Permit for Sega during Q2 2013. The final negotiations with community groups are expected tobe completed in the near-term and, following this, an agreed environmental and social compensation report will be submitted for approval by the Burkina Faso government. The final Mining Licence is anticipated approximately six weeks after the Environmental Permit. It is expected that this will enable mining to commence at Sega during Q3 2013, as Amara outlined in its full year results on 27 March 2013.

Peter Spivey, Chief Executive Officer of Amara, commented: "The receipt of the haul road permits is another milestone on our path to bring Sega into production. Maintaining cash flow is a key priorityfor Amara and with the higher grade resources at Sega, production is expected to continue at an increased level with lower costs at our operations in Burkina Faso. Kalsaka/Sega continues to provide the funding for Amara's exploration pipeline, allowing us to unlock value without recourse to the equity markets."


About Amara Mining plc

Amara (formerly Cluff Gold) is a gold developer-producer with assets inWest Africa. The Company generates significant cash flow through its Kalsaka gold mine in Burkina Faso, where the production profile has been enhanced by the recent acquisition of the neighbouring Sega project. Amara remains focused on its objective of becoming a mid-tier producer through the development of its Baomahun project in Sierra Leone and its Yaoure project in Cote d'Ivoire. With its experience of bringing new mines into production and a project pipeline spanning three countries, Amara aims to further increase its production profile with its highly prospective exploration work across all assets.

This report includes certain "forward-looking information" within the meaning of applicable Canadian securities legislation.

All statements other than statements of historical fact included in this report, including, without limitation, the positioning of the Company for future success, statements regarding exploration, production estimates and future objectives of Amara, are forward-looking information that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Amara's expectations include, among others, risks related to international operations, timing of receipt of mining licence, expected time for the construction of the road, timing for the receipt of the environmental permit, completion time for the negotiations with community groups, submittal of the environmental and social compensation report, the, expected time for the commencement of mining at Sega, changes in project parameters as plans continue to be refined as well as the future price of gold. Although Amara has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events coulddiffer materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Amara does not undertake to update any forward-looking statements that are included herein, except in accordance with applicable securities laws.



For more information please contact:

Amara Mining plc
+44 (0)20 7398 1420
John McGloin, Executive Chairman
Peter Spivey, Chief Executive Officer
Pete Gardner, Finance Director
Katharine Sutton, Head of Investor Relations

Canaccord Genuity Limited
+44 (0)20 7523 8000
(Nominated Adviser & Broker, London)
Andrew Chubb / Joe Weaving / Tim Redfern

Pelham Bell Pottinger
+44 (0)20 7861 3232
(Financial Public Relations)
Charlie Vivian / Lorna Spears / James MacFarlane


This information is provided by RNS
The company news service from the London Stock Exchange

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